1 year ago
Gate Group said it discussed Hong Kong’s caller argumentation connection connected virtual assets successful a closed-door gathering with the Financial Services and Treasury Bureau (FSTB), the Securities and Futures Commission (SFC) and Invest Hong Kong, according to a company statement.
The intent of the gathering was to code manufacture leaders’ questions and concerns regarding argumentation and regulation. The watchdogs are besides looking to promote virtual plus exchanges to see licence requirements.
Gate Group said that they enactment the SFC’s caller efforts to modulate virtual plus trading platforms and licence virtual plus funds.
Gate Group CEO Lin Han said:
“We are pleased to person had the accidental to be this important gathering and stock our thoughts connected the aboriginal of virtual assets successful Hong Kong. We judge that a wide and accordant regulatory model is indispensable for the maturation and improvement of this sector, and we are committed to moving intimately with regulators and manufacture stakeholders to execute this.”
Gate Group’s Hong Kong-based company, Gate HK, has obtained the Trust oregon Company Service Provider (TCSP) License — confirming the firm’s presumption arsenic a planetary person successful the virtual plus work industry.
Gate.io — portion of Gate Group — besides precocious launched a $100 million manufacture liquidity enactment money successful efforts to enactment and assistance reconstruct assurance successful the crypto industry.
The station Gate Group successful talks with Hong Kong authorities implicit crypto policy, regulation appeared archetypal connected CryptoSlate.
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